Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
OK Aimster, so that may be what ends up happening, but it certainly wasn't the plan as suggested and may or may not be what happens. I'm absolutely suprised by this ability to start production from what's already there with what would seem to be minimal spend compared to being 'fully funded for nt3', but there you go.....#$@%$
I think you're wrong on that Aimster. Maybe you can post something to confirm? Would be strange to have 140 mil for ffd but only expect to need 30-40 and fund the rest from revenue. The plan was for I think up to 6 Wells from the carry and any remaining carry to be paid back to aex from a share of APT revenue. Not that that part means much for AEX, but maybe that's where you've got confused.
Rojo, it doesn't say in the last rns that first gas includes producing from ch1 and nt1. It only says that ch1 will be drilled later this year and the message was that first production is decoupled from those items you mention.
Nt2 has obviously already been drilled and flowed. If the government want gas in October then really its on them to build the pipeline and get the gsa and dev license sorted. So yes, I think the 'company' can achieve it (ARA), but I also think its optimistic to think the government will.
Prosciutto, everything in your posts are your interpretation of where things might go in the worst case scenario. Not implausible. What I don't get is the time it must take to put it together, post and then not ever respond to others responses to your posts. Some have been quite detailed and I'm sure with the passion you must have, would want to at least discuss in some way. Popping up on Wednesdays in this way is just a bit weird. Good luck to you.